Nobel Prize-winning economist Paul Krugman claims Trump’s policies have turned the U.S. into a “rogue nation” that allies no longer trust, risking military export losses, tourism declines, and an international education collapse.
The United States, according to Nobel laureate economist Paul Krugman, is becoming a “rogue nation” under President Trump, and the international community is in a prime position to hold the nation accountable.
In an article published on his Substack page, Krugman makes the case that there must be monetary, political, and diplomatic repercussions for a nation that becomes untrustworthy and fails to fulfill commitments or adhere to the rule of law.
In addition to this, he believes that the structure of the American economy leaves it vulnerable to negative reactions from other countries, which he describes as “quite large.”
In particular, Krugman believes that American allies will significantly reduce their purchases of military weapons built in the United States now that they no longer trust the nation to serve as an armory for democracy under the administration of Trump.
The higher education system in the United States, which has been one of the country’s greatest assets for a long time since it has attracted some of the most brilliant minds from all over the world, is also thought to be on the verge of collapsing, according to Krugman.
Along these lines, rumors that the Trump administration is holding even legitimate permanent residents and then deporting them will continue to discourage visitors from entering the nation for the foreseeable future, The Raw Story shares.
“Trump’s belief that America holds all the cards, that the rest of the world needs access to our markets but we don’t need them, is all wrong,” he said in his final analysis. “We are rapidly losing the world’s trust, and part of the cost will be financial.”
Luis Gochoco is a seasoned managing editor and writer with over a decade of experience covering politics, technology, gaming, and entertainment news. With a keen eye for breaking stories and in-depth analysis, he has established himself as a trusted voice in digital journalism. Luis is one of the key forces behind the success of GameNGuide, contributing to 12 million views through engaging and high-traffic content. He also played a pivotal role in generating 8 million views on International Business Times, shaping the platform’s technology and gaming coverage.
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